GCash Demo Journal

Hi journal, hi anyone else,

hopefully this helps me to get some consistency into my testing... The new trading week just started not even 2 hours ago.

Im writing here to keep track of what Im doing. If u have any suggestions, ideas, questions, critics... feel free to share.

Iwill be around only once in a while due to the fact that Im currently working fulltime as a paramedic. So, sometimes progress will go slower. But Im free by latest end of march, free from my job and I do hope to have gathered enough testing results til then.

Ive been spending the last 2 month or so, maybe 3, working on this. My inspiration is basically the thread http://www.forexfactory.com/showthread.php?t=73017 even i implemented a few ideas of my own. Thanks a lot to trendchaser for his inspirational and partly very entertaining posts.

Im currently trading this strategy only on EURUSD. But Im running test to find out what other pairs might work as well. Once im done writing all the refinements I think it will be possible to trade it successfully on any pair. At least I do hope so. The chart Im using is M5. Indicator is PSAR, the m5 as well as the m15 psar that i apply to the m5 chart. Just see for yourself since there is lots of screenshots.


Results so far:

week1 (sep 14-19) 8.28%
week2 (oct 5-10) 7.98%
week3 (oct 20-24) 7.72%
week4 (nov 3-7) 11.83%
week5 (nov 9-15) 6.82%
week6 (nov 16-22) 3.66%
week7 (nov 23-29) 7.07%
week 8: 5.80%
week 9: 6.45%
week 10: 11.27%
dec 21st - dec 24th: 4.26%
-----------------------------
after 11 weeks: 81.13%

hi there,

todays trading day is not even two hours old and so far the test for this week seems to start pretty good...

had two trades that both worked out its small profit im taking, but im trying to do it often enough. so far i made 1.83 demo$ for this week, trading on a 1000$ demo account.

so, let me try to add a pic...

so far so good...

3rd trade just completed profit for this week so far 2.83 demo$. lets see whats happening next...

also got a pic for u

4th trade for this week worked out nicely. so far were standing at 3.80 demo$ profit, while max drawdown was only 0.2%

lets see what the rest of the week will bring

5th trade for today worked out great.

Total profit is 4.51 demo$. Biggest drawdown was at 0.3%

Now im going off to work...

Have a great trading day all of you

Back home after work... And what do i see? Everything moves smoothly.

So far its 15 trades, all went my way Total profit so far is 13.61 demo$, on a 1000$ account that is 1.3%, what is not too bad for a day maximum drawdown was 0.6%, guess thats okay. i expect it to move higher if the trend changes its direction...

see screenshot, nice

2nd day of testing, profit is 20.11 dollars. eurusd is moving a few pips up, so im long, even if i expect it to head down south further in the near future.

back home after 10 hours working. chart also looks fine profit so far 32.04$. maximum drawdown at 1.5%... it looks like eurusd will change to short soon, so ea is waiting to hedge that as soon as we hit 15min psar. ...but acctually, why do i hedge that position? hm... good question... i could also close it and just go short from there on, would need less pips to recover ?!

hey guys, id be glad to get some feedback, some inputs.. what ya thinking about this? tell me what you think, think it might work out, or not?

got good news for u, i think by the weekend i might find some time to redesign the ea so i can upload a version.

wish u all the best, or something better...

So far this weeks profit is 36.16$. Im really curious whether this strategy can survive long term, or not...

Alright! Its still one and a half trading days to go before the week is over and profit so far is at 60$ and 59 cents... I mean, dont forget this is a 1000$ account, that equals 6%. And that although there is no real trend in the market. I mean actually I would not consider this a good week for testing... but this results are amazing, arent they?

See screenshot and difficult times of trend reversal that makes it necessary to hedge out trades where market reversed.

Okay The weekend is near and i almost cant await it. Ill post the last screenshot before the market "close". so far profit is 80$, that might go little bit up, little bit down, but more or less thats it for this week. And this week seems much better acctually than the very first week, that was from sept 14th until sept 19th, since the drawdown that week was way to high.

so can u tell me? whats wrong with me? "hallo? h-a-l-l-o, my-self?" why did i spend almost all my time this week looking at brent options and futures? why do i want to buy oil, when i have a fx strategy that makes 8% a week? am i nuts?

attached, last chart before the end of the week

alright. the week is over and the result is as expected. 79.79$ profit, that equals 8.08%. not too bad

unfortunately i had no time at all this week to improve, change or further develop anything, that actually makes me sad. but results are okay, even if i suspect they are not stable yet. one more week of testing will show new weaknesses that i can hopefully work on.
working fulltime really sucks, it means for me having no time to even think about forex. how much better was life when i was back in singapore? i woke up i checked my charts, i went to shower i checked my charts, then i tested some new ea, wrote some imporvement, went for lunch, came back and checked my profits, and so on until i fell asleep after looking at my charts for a last time. and that was just the perfect life, doing this 7 days a week, just perfect. one weekend a month i took off to relax, enjoy the place, go out... i loved it. but now, im almost frustrated. im really counting days until end of march when i can quit this job, the only light at the end of the tunnel right now that is to know that the days are counted and i will e free again...

hey guys,

im sorry im not posting any updates, screenshots this week. im not doing any testing this week since i had some kinda crash and the ea didnt continue correctly. i dont understand why this happens coz i already handles that in a previous version. whatever... next week ill be back testing...

damn nightshift, totally forgot to switch on my computer before leaving. Well, i missed about 8 hours of this week, but still im testing this week. Hope to make something around 5%.
And this week im not going to interrupt testing because of ea problems after recompiling or mt4 rebooting since i do have absolutely no time. got to work until sunday evening

hope your week will be better...

hey there journal

in a nutshell: it was a nice week demo was good, decent profit: 7.34% i cant complain.

just too bad i have no time at all to write new version or test around. after being totally hangover/burnout and sleeping 10 and 13 hours the last two nights im feeling better now. although i wont be able to make any further progress this weekend since im working, again. 12 hours a day. damn job!

hope you have a better weekend than me...

since i was working again on sunday i somehow missed to switch on my laptop for further testing.
you think i made any progress yesterday when i had my off day? i didnt, not at all. and trust me, it really pisses me off when(or actually the fact that) i have to work, so that there is no time left to spend on forex.

so there is no testing this week. if i continue to do it one week and out of two, it will take pretty long time until i have useful results.

anyway, im on sick leave this week. decided to do so in the morning. im just so pissed off with work, i need a break. so now im hoping that i find some time to really progress with my trading/programming.

take care everyone...

since i had plenty of time this week (due to my sick leave ) ive been thinking about using a different exit for my trades... doesnt mean im changing what im doing, just means im trying arround... and if it doesnt work i the end i will continue where i stopped before...

so ive been thinking about using my signal i get from psar and instead of using an equity target as exit i use a modified martingale approach with a fixed target. first test is not making any money, but still some nice graph... coz for very first attempt i already had graphs much worse than that...

posting graph & going back to work...

alright... im back to normal testing. seems i gave up on new ideas, at least for now...

so far 15 hours of testing... a plus of 11$, thats like 1%. not too bad.

i think while looking at my charts i really learned something today. i dont like too large unrealized loss. who does? so ive been thinking about writing a few scripts that allow me to open trades that will get managed by my ea. like in the screenshot below theres a typical situation where the sar signal changes and the ea hedges the open long positions with one big short position. its creating a trade that is open way too long. it creates unrealized loss. it creates an unwanted feeling inside me. since i looked at the chart thinking "this is only a retracement down, prices will come up again." and they did. so i could have closed two or three orderblocks if i stayed long longer. the problem is the ea changes from long to short just at the bottom, that sucks. i would prefer if it goes long at bottoms, not short. haha.
so, i think i will get myself a script to intervene on what my ea is doing, and try it on a second chart, so i can compare the EAs results to those i manipulated. since i more and more got the idea that the ea will not run by itself all the way and might need some manual help.

good trading everyone

good morning,

i havent done anything yet on producing some sort of script that will help me to manually intervene in my eas trading process, but when should i have done that? and since this is my last day at home, meaning i gotta work again tomorrow, it will most probably not happen today. i will do it, sooner or later, maybe on my next off day. id be happy if i get it done before the month is over.

yes, most important: this weeks results.
this week really started off good, or even very good. its tuesday and profit is 33.68 demo$. i love forward testing. it just shows way better results than the strategy tester.

forwardtesting results on a 1000$ demo account:
week 1: 82.81$
week 2: 79.79$
week 3: 77.17$
this week: 33.68$

okay. just wanted to take notes here. ive got a second demo account now

the regular testing currently is at 48.25$ for this week. so at the end of the week i can compare both of them considering the difference of profit already made so far.

on my manually supported account now eur/usd short @ 1.2985. in my opinion it would be a good area for the price to take some little tour south again, since its s/r area price has already bounced off a couple of times during the last days. apart from that its the 61.8 fib of the last downtrend... (no, not the one started in september ... the one on my 5min chart)


if u happen to meet price, pls tell it to move my way